Skip to navigation | Skip to content
Oliver Hatfield, Director of Fertilizers at Integer has been invited to present at the Arab Fertilizers Association (AFA) International Annual Forum and Exhibition being held in Sharm El Sheikh on 7-9 Feb 2012.
In the US, Henry Hub gas prices fell below US$2.50/MMBtu in January 2012, due to a combination of economic uncertainty, increasing availability from shale gas reserves and unexpectedly mild winter conditions. This price was reported to be the lowest in a decade, and production of associated gas, due to high oil and liquids prices, was cited as an additional key influence.
World potash capacity has changed relatively little since the 1980s, as a post-Soviet capacity surplus has adequately covered demand requirements. However, this has changed. High potash capacity utilisation, record prices and buoyant industry profitability has stimulated a swathe of interest in new potash investment projects.
Phosphate producers announced output cuts in late December 2011, as finished product prices and near-term demand faltered.
Integer Analyst, Sebastien Chu Ti, presented at the Business-Forum CIS Fertilizers Conference in Odessa, Ukraine in November. The presentation entitled “Nitrogen: competitive positions of major players and profitability issues; Russia and Ukraine in global context” covered:
Project activity is brisk in the phosphate market, against solid prices, which once again provided the backdrop for increases in phosphate producers’ revenues and profits in Q3 2011.
Across a three week period spanning the beginning of December, urea export prices dropped by almost US$150 per tonne to around US$350 per tonne. To say that demand driven nitrogen pricing ran out of steam in Q4 2011 would be an understatement. Prices tumbled.
In the November-December issue of Fertilizer International magazine, Integer’s Research Manager, Monica Baker, discussed the phosphate market- drawing on data from the latest release of Integer’s Phosphate Cost and Profit Margin Service.
